Aarhus University Seal / Aarhus Universitets segl

Behavioral Corporate Finance

This course is open for applications. See how to apply here.

Traditional corporate finance assumes that managers and investors are rational and that capital markets are efficient. This is, however, often not the case. The behavioural approach to corporate finance relies on evidence from psychology in terms of personality traits and cognitive biases affecting the behavior of agents.

Exam info and full course description

Exam info and full course description can be found in the course catalogue.

Admission Requirements

Course specific:

A Bachelor’s degree in Business Administration or Business Economics or other relevant education. Knowledge of Corporate Finance or equivalent course is required.


Exchange students: nomination from your home university

Freemovers: documentation for English Language proficiency

You can read more about admission here.


Tom Aabo

Associate Professor